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|  Nevada(State or other jurisdiction of incorporation or organization) |  86-0931332(I.R.S. Employer Identification No.) |
|----------------------------------------------------------------------------|------------------------------------------------------|

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| PART I.                            | FINANCIAL STATEMENTS                                                                     |  PAGES |
|----------------------------------------------|----------------------------------------------------------------------------------------------------|-------------|
|  Item 1.                           | UNAUDITED CONDENSED FINANCIAL STATEMENTS:                       |        |
|                                         |                                                                                               |  2     |
|                                         | Condensed Balance Sheets as of September 30, 2010 and December 31, 2009                  |        |
|                                         |                                                                                               |        |
|                                         | Condensed Statements of Operations for the Nine and Three Months Ended September 30, 2010 and 2009 |  3     |
|                                         |                                                                                               |        |
|                                         | Condensed Statements of Cash Flows for the Nine Months Ended September 30, 2010 and 2009      |  4     |
|                                         |                                                                                               |        |
|                                         | Notes to Condensed Financial Statements               |  5     |
|                                         |                                                                                               |        |
|  Item 2.                                | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS        |  7     |
|                                         |                                                                                               |        |
|  Item 3.                                | QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK                                          |  8     |
|                                         |                                                                                               |        |
|  Item 4.                           | CONTROLS AND PROCEDURES                                                                            |  8     |
|                                         |                                                                                               |        |
| PART II.                 | OTHER INFORMATION                                                                                  |  9     |
|                                         |                                                                                               |        |
|  Item 1.                                | LEGAL PROCEEDINGS                                                                                  |  9     |
|                                         |                                                                                               |        |
|  Item 1A.      | RISK FACTORS                                                                                       |  9     |
|                                         |                                                                                               |        |
|  Item 2.                           | UNREGISTERED SALE OF EQUITY SECURITIES AND USE OF PROCEEDS                                         |  9     |
|                                         |                                                                                               |        |
|  Item 3.                      | DEFAULTS UPON SENIOR SECURITIES                                                                    |  9     |
|                                         |                                                                                               |        |
|  Item 4.                           | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                                                |  9     |
|                                         |                                                                                               |        |
|  Item 5.                      | OTHER INFORMATION                                                                                  |  9     |
|                                         |                                                                                               |        |
|  Item 6.                      | EXHIBITS                                                                                           |  9     |

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| LONE PINE HOLDINGS, INC.                                                                                 |   |
|----------------------------------------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED BALANCE SHEETS                                                                    |   |
| (Unaudited)                                                                                              |   |
|                                                                                                     |   |
|                                                                                                     |   |
| ASSETS                                                                                                   |   |
|                                                                                                     |   | Setpember 30, |   |   | December 31, |   |
|                                                                                                     |   | 2010 |   |   | 2009 |   |
|                                                                                                     |   |   |   |   |   |   |
| CURRENT ASSETS                                                                                           |   |   |   |   |   |   |
|   Cash and cash equivalents                                                                    |   | $ | - |   |   | $ | - |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
| TOTAL ASSETS                                                                                             |   | $ | - |   |   | $ | - |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' (DEFICIT)                                                                  |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
| CURRENT LIABILITIES                                                                                      |   |   |   |   |   |   |   |   |
|   Due to principal stockholder                                                                 |   |   | 10,475 |   |   |   | 7,475 |   |
|   Accrued expenses                                                                             |   |   | 56,500 |   |   |   | 29,500 |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
| TOTAL CURRENT LIABILITIES                                                                                |   |   | 66,975 |   |   |   | 36,975 |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
| STOCKHOLDERS' (DEFICIT)                                                                                  |   |   |   |   |   |   |   |   |
| Preferred stock, par value $0.001, 5,000,000 shares                                                      |   |   |   |   |   |   |   |   |
|          authorized, none issued and outstanding            |   |   | - |   |   |   | - |   |
| Common stock, par value $0.001, 145,000,000 shares                                                       |   |   |   |   |   |   |   |   |
|           authorized, 2,577,371 issued and outstanding |   |   | 2,577 |   |   |   | 2,577 |   |
| Additional paid-in capital                                                                               |   |   | 4,915,774 |   |   |   | 4,915,774 |   |
| Accumulated deficit                                                                                      |   |   | (4,985,326 | ) |   |   | (4,955,326 | ) |
|                                                                                                     |   |   |   |   |   |   |   |   |
|       Total Stockholders' (Deficit)                                        |   |   | (66,975 | ) |   |   | (36,975 | ) |
|                                                                                                     |   |   |   |   |   |   |   |   |
|                                                                                                     |   |   |   |   |   |   |   |   |
| TOTAL LIABILITIES AND  STOCKHOLDERS' (DEFICIT)                                                 |   | $ | - |   |   | $ | - |   |
|                                                                                                     |   |   |   |   |   |   |   |   |

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| LONE PINE HOLDINGS, INC.                                                             |   |
|--------------------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS                                      |   |
| (Unaudited)                                                                          |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                 |   | FOR THE THREE MONTHS ENDED SEPTEMBER 30, |   |   | FOR THE NINE MONTHS ENDED SEPTEMBER 30, |   |
|                                                                                 |   | 2010 |   |   | 2009 |   |   | 2010 |   |   | 2009 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
| REVENUE                                                                              |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OPERATING EXPENSES                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    General and administrative expenses                                |   |   | 7,000 |   |   |   | 4,750 |   |   |   | 30,000 |   |   |   | 34,475 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|           Total operating expenses |   |   | 7,000 |   |   |   | 4,750 |   |   |   | 30,000 |   |   |   | 34,475 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS APPLICABLE TO COMMON SHARES                                                 |   |   | (7,000 | ) |   |   | (4,750 | ) |   |   | (30,000 | ) |   |   | (34,475 | ) |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS PER BASIC AND DILUTED SHARES                                                |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.01 | ) |   | $ | (0.01 | ) |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| WEIGHTED AVERAGE OF COMMON SHARES OUTSTANDING                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      BASIC AND DILUTED                                      |   |   | 2,577,371 |   |   |   | 2,577,371 |   |   |   | 2,577,371 |   |   |   | 2,577,371 |   |
|                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

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| LONE PINE HOLDINGS, INC.                                                  |   |
|---------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                           |   |
| (Unaudited)                                                               |   |
|                                                                      |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |
|                                                                      |   | FOR THE NINE MONTHS ENDED SEPTEMBER 30, |   |
|                                                                      |   | 2010 |   |   | 2009 |   |
|                                                                      |   |   |   |   |   |   |
| CASH FLOWS FROM OPERATING ACTIVITIES                                      |   |   |   |   |   |   |
|    Net loss                                                |   | $ | (30,000 | ) |   | $ | (34,475 | ) |
|                                                                      |   |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |
|    Adjustments to reconcile net loss to cash               |   |   |   |   |   |   |   |   |
| used in operating activities:                                             |   |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |
|    Increase in accrued expenses                            |   |   | 27,000 |   |   |   | 27,000 |   |
|                                                                      |   |   |   |   |   |   |   |   |
|    Cash used in operating activities                       |   |   | (3,000 | ) |   |   | (7,475 | ) |
|                                                                      |   |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES                                      |   |   |   |   |   |   |   |   |
|     Loan from principal shareholder                   |   |   | 3,000 |   |   |   | 7,475 |   |
|     Net cash provided by financing activities         |   |   | 3,000 |   |   |   | 7,475 |   |
|                                                                      |   |   |   |   |   |   |   |   |
| NET INCREASE (DECREASE) IN CASH                                           |   | $ | - |   |   | $ | - |   |
|                                                                      |   |   |   |   |   |   |   |   |
| CASH BEGINNING OF PERIOD                                                  |   |   | - |   |   |   | - |   |
|                                                                      |   |   |   |   |   |   |   |   |
| CASH END OF PERIOD                                                        |   | $ | - |   |   | $ | - |   |
|                                                                      |   |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |
|                                                                      |   |   |   |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW                                      |   |   |   |   |   |   |   |   |
|    INFORMATION:                                            |   |   |   |   |   |   |   |   |
| Cash paid during the period for:                                          |   |   |   |   |   |   |   |   |
|  Interest paid                                                       |   | $ | - |   |   | $ | - |   |
|  Income taxes paid                                                   |   | $ | - |   |   | $ | - |   |
|                                                                      |   |   |   |   |   |   |   |   |
|    Forgiveness of accrued expenses at December 31, 2008 by |   |   |   |   |   |   |   |   |
|    principal shareholder                                   |   | $ | - |   |   | $ | 87,534 |   |
|                                                                      |   |   |   |   |   |   |   |   |

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| (a)   | Disclosure Controls and Procedures. |
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